ANALYST-DOWNGRADE ·Filed Oct 12, 2026
Wells Fargo double downgrade: Overweight → Underweight
Latest settled — T+1d
ADBE ▼ -0.78% at T+1d
SHORT call ✓ call won +0.78% · α vs SPY +0.77% · entry $238.14 → $236.28
T+1d
-0.78%
call +0.78% · α +0.77%
$236.28
settled 6d ago
T+5d
—
call — · α —
—
in 5h
T+20d
—
call — · α —
—
in 21d
T+60d
—
call — · α —
—
in 3mo
Price Chart
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Executive Summary
Wells Fargo double downgrade: Overweight → Underweight
Impact Score
Base Score
3/7
LLM Adjustment
+0
Final Score
4/10
Consensus & Targets
Buy / Strong Buy
18 (39%)
Hold
23
Sell / Strong Sell
5
Total Analysts
32
Mean PT
$275.06
Median PT
$265.50
High PT
$373.00
Low PT
$195.00
Current Price
$242.27
Implied Upside
+13.5%
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-10-12 | Wells Fargo | downgrade | Underweight | $225.00 |
| 2026-09-14 | DA Davidson | maintain | Buy | $290.00 |
| 2026-09-11 | Citigroup | maintain | Neutral | $250.00 |
| 2026-09-11 | JP Morgan | maintain | Overweight | $315.00 |
| 2026-09-11 | Jefferies | maintain | Hold | $275.00 |
| 2026-09-11 | TD Cowen | reiterate | Hold | $245.00 |
| 2026-09-11 | Evercore ISI Group | maintain | In-Line | $250.00 |
| 2026-09-11 | Wells Fargo | maintain | Overweight | $270.00 |
| 2026-09-11 | UBS | maintain | Neutral | $255.00 |
| 2026-09-11 | RBC Capital | reiterate | Outperform | $315.00 |
Firm Track Record — Wells Fargo
Wells Fargo accuracy: 54% on 6022 calls | avg return: 3.5%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| JP Morgan | 100% | 2/2 | 2.9% | top tier |
| Evercore ISI Group | 83% | 5/6 | 4.5% | top tier |
| TD Cowen | 67% | 2/3 | 1.7% | top tier |
| Morgan Stanley | 60% | 3/5 | -5.3% | above average |
| BMO Capital | 55% | 6/11 | -2.8% | above average |
| JMP Securities | 50% | 3/6 | -1.9% | below average |
| Piper Sandler | 50% | 4/8 | -3.7% | below average |
| Citizens Capital Markets | 50% | 1/2 | 0.2% | below average |
| Baird | 50% | 2/4 | -2.2% | below average |
| Deutsche Bank | 50% | 1/2 | -13.3% | below average |
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0q | $6.33 | $6.30 — $6.44 | $6.8B | ↑17 ↓0 |
| +1q | $6.76 | $6.28 — $7.32 | $7.0B | ↑11 ↓0 |
| 0y | $24.48 | $24.45 — $24.60 | $26.6B | ↑27 ↓0 |
| +1y | $27.67 | $26.00 — $29.19 | $29.1B | ↑21 ↓0 |
Cross-Platform Signals
Insider Trades (90d)
0 buys / 5 sells
Congressional
Kevin Hern (republican) — sell $15,001 - $50,000
Congressional
Ro Khanna (democrat) — buy $1,001 - $15,000
Congressional
Gilbert Cisneros (democrat) — sell $1,001 - $15,000
Institutional
Artemis Investment Management LLP — new
Institutional
ATWOOD & PALMER INC — doubled (590266.7%)
Institutional
Blackstone Inc. — add (38.4%)
Short Interest
Short: 1,028,607 | Exempt: 4,179 | TRF Vol: 1,757,010 | Short Ratio: 58.5% | Off-exchange volume (dark pool + OTC)
Investment Themes
Cloud & SaaS
Documents Analyzed
Report based on filing metadata.
16 reports for ADBE
89% Hit rate best @ T+60▲ +26.10%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 5d ago | ANALYST-DOWNGRADE | — | awaiting T+60 | — | — |
Oct 12, 2026 6d ago | ANALYST-DOWNGRADE | $238.14 awaiting T+60 | awaiting T+60 | — | $245.20 (−2.96%) |
Jul 22, 2026 12w ago | Institutional Cluster | $218.36 $251.67 | ▲ +15.25% | ▲ +11.99% | $245.20 (+12.29%) |
Jul 21, 2026 12w ago | ANALYST-DOWNGRADE | $227.16 $236.28 | ▼ −4.01% | ▼ −0.04% | $245.20 (−7.94%) |
Jul 20, 2026 12w ago | ANALYST-UPGRADE | — | awaiting T+60 | — | — |
Jul 2, 2026 15w ago | ANALYST-UPGRADE | $219.72 $238.93 | ▲ +8.74% | ▲ +5.74% | $245.20 (+11.60%) |
Jun 26, 2026 16w ago | Insider Buy | $206.43 $238.25 | ▲ +15.41% | ▲ +11.03% | $245.20 (+18.78%) |
Jun 12, 2026 18w ago | ANALYST-DOWNGRADE | $204.02 $257.26 | ▼ −26.10% | ▼ −22.83% | $245.20 (−20.18%) |
Jun 12, 2026 18w ago | ANALYST-DOWNGRADE | $204.02 $257.26 | ▼ −26.10% | ▼ −22.83% | $245.20 (−20.18%) |
Jun 11, 2026 18w ago | 8-K | $204.02 $257.26 | ▲ +26.10% | ▲ +22.83% | $245.20 (+20.18%) |
Showing 10 of 16
US Market Status
Market Closed — Opens in 6h 36m
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